Plan Snapshot
- Plan Sponsor: Phoenix Technology Services Usa INC.
- Sponsor EIN: 760606716
- Sponsor Address: 12329 CUTTEN ROAD, HOUSTON, TX, 77066
- Plan Type: 401(k)
- Total Participants: 510
- Total Assets: $30.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 510 | $30.3M | $2.6M | $4.0M |
| 2023 | 501 | $22.1M | $2.2M | $3.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY WORKPLACE SERVICES LLC | PLAN ADMINISTRATOR | $53,242 | — | $53,242 |
| WORLD INVESTMENT ADVISORS LLC | ADVISOR | $47,415 | — | $47,415 |
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $100,657
- Estimated Expense Ratio: 0.333% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $100,658 | $47,415 | $1,977 | — | — |
| 2023 | $53,141 | $22,184 | $1,022 | — | — |